AIG 2014 Annual Report Download - page 253

ITEM 8 / NOTE 5. FAIR VALUE MEASUREMENTS
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236
RMBS -20,715 16,805 - -37,520
CMBS -10,189 2,696 - -12,885
CDO/ABS -7,165 6,110 - -13,275
Total bonds available for sale 1,064 229,112 29,683 - -259,859
Other bond securities:
U.S. government and government sponsored entities 130 5,368 - - -5,498
Obligations of states, municipalities and political subdivisions -122 - - -122
Non-U.S. governments - 2 - - - 2
Corporate debt -719 - - -719
RMBS -989 1,105 - -2,094
CMBS -708 369 - -1,077
CDO/ABS -2,751 7,449 - -10,200
Total other bond securities 130 10,659 8,923 - -19,712
Equity securities available for sale:
Common stock 3,626 21 - -3,629
Preferred stock 25 -- - -25
Mutual funds 738 3- - -741
Total equity securities available for sale 4,389 51 - -4,395
Other equity securities 1,024 25 - - -1,049
Mortgage and other loans receivable - - 6 - - 6
Other invested assets 23,742 5,650 - -9,394
Derivative assets:
Interest rate contracts (b) 23,729 12 - -3,743
Foreign exchange contracts(b) -839 1 - -840
Equity contracts 98 58 51 - -207
Commodity contracts - - - - - -
Credit contracts - - 4 - - 4
Other contracts - - 31 - -31
Counterparty netting and cash collateral - - - (2,102) (1,119) (3,221)
Total derivative assets 100 4,626 99 (2,102) (1,119) 1,604
Short-term investments 584 1,100 - - -1,684
Separate account assets 73,939 6,097 - - -80,036
Other assets - - - - - -
Tota l $81,232 $255,366 $44,362 $ (2,102) $(1,119) $377,739
Liabilities:
Policyholder contract deposits $- $ 52 $1,509 $ - $ - $ 1,561
Other policyholder funds - 8 - - - 8
Derivative liabilities:
Interest rate contracts -3,047 86 - -3,133
Foreign exchange contracts -1,482 9 - -1,491
Equity contracts -98 4 - -102
Commodity contracts - 6 - - - 6
Credit contracts - - 982 - -982
Other contracts - - 90 - -90
Counterparty netting and cash collateral - - - (2,102) (1,429) (3,531)
Total derivative liabilities -4,633 1,171 (2,102) (1,429) 2,273
Long-term debt -5,253 213 - -5,466
Other liabilities 34 316 - - -350
Tota l $34 $10,262 $2,893 $ (2,102) $(1,429) $9,658
December 31, 2013 Counterparty Cash
(in millions) Level 1 Level 2 Level 3 Netting(a) Collateral Total
Assets:
Bonds available for sale:
U.S. government and government sponsored entities $ 133 $ 3,062 $ - $ - $ - $ 3,195
Obligations of states, municipalities and political subdivisions - 28,300 1,080 - - 29,380
Non-U.S. governments 508 21,985 16 - - 22,509